I Want to start up a basketball league in my area and wondering if any of you guys have experience or have opened one up yourself. Ideally, I'd open up a non profit charity but the paperwork is long and extensive. not to mention cost a lot. So i thought about opening up a LLC and advertise that a % of the proceeds goes to a different charity each month ( all players vote on charity each month) . I plan on paying myself and a few others as im sure this cant be done alone. But it'll be pennies.
Ill recruit coaches and refs as volunteers. so there should be a small space for profits when all said and done.
Any advice or words of wisdom from my fellow SBRers as i embark on this journey>>???
Ill recruit coaches and refs as volunteers. so there should be a small space for profits when all said and done.
Any advice or words of wisdom from my fellow SBRers as i embark on this journey>>???